Chinese President Xi Jinping emphasized the importance of regional collaboration and sustainable development during his address at the second session of the 32nd APEC Economic Leaders' Meeting in Gyeongju, the Republic of Korea (ROK), on Saturday. The meeting brought together leaders from APEC member economies to discuss strategies for fostering inclusive growth and addressing global economic challenges.
In his speech, President Xi highlighted the need for Asia-Pacific economies to strengthen multilateral cooperation, advance green innovation, and promote open trade frameworks. He reiterated China's commitment to contributing to regional stability and shared prosperity, underscoring initiatives such as the Belt and Road framework as tools for enhancing connectivity.
The discussions at the session focused on post-pandemic economic recovery, digital transformation, and climate resilience. APEC members, including economies such as the United States, Japan, and the Chinese mainland, explored pathways to harmonize policies and reduce trade barriers. Analysts noted that Xi's remarks aligned with broader efforts to position China as a key player in shaping Asia-Pacific economic governance.
This year's APEC gathering also addressed the role of emerging technologies in driving equitable development, with several leaders advocating for cross-border partnerships in renewable energy and digital infrastructure. The outcomes are expected to influence regional trade agreements and investment flows in 2024.
